Fixed-rate business loans for providers of child care and early education

Two kids, one goopy mess

The New Hampshire Community Loan Fund’s Child Care Facilities program makes loans to child care and early education programs, especially those serving low- and moderate-income communities.

Child Care Facilities financing and technical assistance are designed to serve families by helping to improve the quality, accessibility and sustainability of child care and early education. We understand the business, and will work with you to successfully complete a facility or business-related project.

Eligible borrowers

  • Child care organizations and Head Start programs serving children and families with low- and moderate-incomes or with special needs
  • Internal Revenue Service-approved 501(c)(3) nonprofit organizations registered with the State of New Hampshire
  • Home-based child care providers.
  • Center- or home-based child care programs licensed (or about to be licensed) by the NH Bureau of Child Care Licensing

Purposes for loans

  • Purchase, build, expand, renovate or improve buildings
  • Fulfill state licensing requirements by making related improvements
  • Energy or accessibility improvements
  • Leasehold improvements (in circumstances where the improvements can be matched to lease terms)
  • Meet short-term cash flow or timing needs where there is a designated source of repayment (for example, committed grant funds or capital campaign pledges)


Loan terms are typically matched to suit a project, but general terms are as follows:

  • 1-10 years
  • Fixed rates (contact us for current rate)
  • 1% fee
  • Legal and associated closing costs paid by borrower

To apply

Take the first step toward a Child Care Facilities loan by writing Julie McConnell, or call her at (603) 224-6669 ext. 215.  If your project is eligible, we’ll work with you on your application and on assembling any needed materials.


We use the following criteria to assess loan requests:

  • Benefit to families with low and moderate incomes
  • Long-term benefit and social impact
  • Ability to repay the loan
  • Other financial support


Loan requests are analyzed and recommended to the Community Loan Fund’s Loan Review Committee. Decisions on most requests are made within a month; quicker decisions are possible when timing is an issue.

Successful applicants are mailed a commitment letter outlining the terms of the loan for their review and signature.